The super dollar heralds the arrival of crisis in Europe, a crisis that will soon be felt across the ocean. The fiat euro/dollar pair is at record lows The dollar appears to dominate the euro for the ...
Tag: Euro
Euro Sinks to Edge of Dollar Parity as Pros Call It ‘Unbuyable’
(Bloomberg) — With the European economy lurching toward a recession, traders are growing more convinced that the euro breaking parity with the dollar is imminent. Most Read from Bloomberg Shorti...
Reasons why the euro is heading to parity
The EUR/USD pair continued its freefall as worries about the European economy continued. The euro dropped to a low of 1.0180, which was the lowest level since 2002. The currency has plummeted by more ...
Euro Underperforming against Dollar as Recession Fears Loom
The Eurozone’s inflation data came in at 8.6% in June, a figure that has prompted the European Central Bank (ECB) to give advance notice to market stakeholders of its intentions to hike interest rates...
Euro Tumbles to 20-Year Low, Putting Parity With Dollar in Sight
(Bloomberg) — The euro slid to the lowest level against the US dollar in two decades as investors grappled with the prospect of an energy crisis that risks tipping the region into a recession. M...
Euro Drops to 20-Year Low Against the US Dollar, Tapping $1.028 per Unit — Analyst Says Parity Is Imminent – Economics Bitcoin News
The euro has had a sluggish start to the second half of 2022 as the fiat currency slid to a 20-year low against the U.S. dollar. The drop adds to the fear that the global economy is in a recession and...
Dow Falls 700 Points As Euro Sinks To 20-Year Low Against The Dollar With Global Recession Fears ‘Front And Center’
Topline The stock market fell on Tuesday, adding to recent losses as investors returning from the holiday weekend face renewed fears of a looming recession, while shares of Tesla slumped after the ele...
Is it safe to sell the euro after hitting a 20-year low against the US dollar?
The US dollar flexes its muscles in the first trading week of July as it gains against all its peers. However, one currency pair, in particular, looks extremely weak – the EUR/USD. All eyes are on the...
Ripple Backs Digital Euro Association Major Event To Develop Work in CBDC Area
– Advertisement – Ripple continues to show support for CBDC initiatives. The Digital Euro Association, in a tweet on Tuesday, revealed that blockchain company and payments giant Ripple is ...
Peter Schiff’s Euro Pacific Bank Suspended by Puerto Rico’s Regulator — Schiff Insists No Evidence of Crime – Regulation Bitcoin News
Peter Schiff-owned Euro Pacific Bank has been suspended by Puerto Rico’s financial regulator. Schiff claims that there’s “no evidence of crimes,” warning that “accounts are frozen and customers may lo...
19-Year-Old Jule Brand Eager To Shine At Women’s Euro 2022
RHEDA-WIEDENBRUCK, GERMANY – APRIL 04: Jule Brand of Germany poses for a portrait during the … [+] official UEFA Women’s EURO 2022 portrait session on April 04, 2022 in Rheda-Wiedenb...
Euro at Risk of a Rotten Summer as Central Bank Policies Diverge
(Bloomberg) — There’s more pain ahead for the euro even after the currency’s worst start to a year since 2015, according to Bank of America Corp. strategists. Most Read from Bloomberg With the E...
Euro zone inflation hits new high: ‘there may be more gains to come’
Euronext 100 index is in focus on Friday after Eurostat (Statistical Office of the European Union) said inflation in the region hit a new high in June. Senior euro zone economist reacts to the CPI pri...
Circle, the company behind USDC, launches Euro Coin
Starting today on major exchanges, it will be possible to trade Euro Coin (EUROC), the stablecoin pegged 1:1 to the euro and secured with bank deposits of equal value in euros. Circle officially issue...
KUCoin Launches Euro Trading Pairs For Bitcoin, Ethereum And USDT
– Advertisement – KuCoin Launches EUR Trading Pairs to Ease Crypto Transactions in Europe. As part of its expansion into the European market, the top global cryptocurrency trading platfo...
Should you buy or sell the euro after today’s PMI data?
Today’s European data focused on the manufacturing and services PMIs. They both disappointed, coming out much lower than expected and triggering fears of an imminent recession in the Euro area. The PM...
German Stance On Russian Energy Could Affect Future Of The Euro
German Stance on Russian Energy Could Affect Future of the Euro Canva Since the execution of the Maastricht Treaty in 1992 that led to the establishment of the Euro single currency, different European...
Asian markets mostly fall ahead of U.S. holiday
TOKYO (AP) — Asian markets were mostly lower in cautious trading Monday ahead of a federal holiday in the U.S. Worries over inflation and risks of a global recession from central bank efforts to bring...
ECB’s Executive Board Emphasizes Need For Planned Digital Euro Launch
16 hours ago | 2 mins read Bitcoin News It is conceivable to prevent the digital euro from being used as an investment option. Panetta said it would take years until the majority of Europeans own the ...
USDC Stablecoin Issuer Circle Launching Euro-Backed Euro Coin (EUROC) – crypto.news
Circle Internet Financial has announced that it’s releasing a new regulatory-compliant, fully-reserved stablecoin dubbed Euro Coin (EUROC). Circle says EUROC shares the same pillars of trust, transpar...
ECB Considers Capping Digital Euro in Circulation at 4,000 per Capita, Panetta Reveals – Bitcoin News
With concerns about financial stability in mind, the European Central Bank (ECB) plans to limit digital euro holdings, according to Board Member Fabio Panetta. The plan is to have a maximum amount of ...
Circle Rolls out New Euro Stablecoin on Ethereum Network
Global payments company Circle announced Thursday it is rolling out a new stablecoin dubbed Euro Coin (EUROC) to facilitate on-chain transactions and extend the accessibility and use cases of the Euro...
Capping Digital Euro at $1.6 Trillion Would Avoid Negative Effects: ECB
European Central Bank (ECB) Executive Board member Fabio Panetta said that a cap of $1.6 trillion would avoid any negative effects of the digital euro. He also said that unbacked crypto assets could n...
Circle Launches Second Major Stablecoin Backed 1:1 by the Euro – Altcoins Bitcoin News
On Thursday, Circle’s CEO Jeremy Allaire announced that the company has launched a new stablecoin pegged to the value of the euro (EUR). Allaire said that the new EUROC token is now live on the Ethere...
Circle, The Company Behind The USDC Stablecoin, Announces Euro Coin
Does the world need Euro Coin? There are already stablecoins pegged to the Euro in the market. The difference here, however, is Circle. As the issuer of the well-regarded USDC, they have the reputatio...
Circle Introduces Euro Coin (EUROC), a Stablecoin Pegged to the Euro
The issuer of USDC, Circle, has announced that it will be issuing a second stablecoin, the Euro Coin (EUROC). Different from the US dollar-pegged USDC, Euro Coin will be pegged on a 1:1 ratio to the E...
USDC Issuer Circle is launching Euro Coin (EUROC), a new Euro-backed stablecoin
? Want to work with us? CryptoSlate is hiring for a handful of positions! Circle, the issuer behind the USD Coin (USDC) stablecoin, will launch a new stablecoin that is backed by the Euro by the end o...
ECB may cap digital euro at 1.5T tokens — Executive board member
Fabio Panetta, an executive board member of the European Central Bank, or ECB, proposed the central bank limit the total holdings of a digital euro in an effort to prevent the digital currency from be...
Time for that Euro vacay? The euro and the dollar will soon be equal for the first time in 20 years, but about that flight …
If you are one of the many Americans excited to start traveling again this summer, you might want to consider Europe. Ever heard of it? Even if historic ruins, vibrant culture, and good food aren’t yo...
Italian bond yields dive and euro climbs as ECB announces emergency meeting on market conditions
European bond yields fell and the region’s single currency climbed on Wednesday as the European Central Bank announced it would hold an emergency meeting to “discuss current market conditions.” The Go...
EUR/USD Price Forecast – Euro Continues to Lose Ground
Euro vs US Dollar Technical Analysis The Euro has fallen again during the trading session on Monday as we continue to see a lot of risk appetite destroyed. At this point, the US dollar continues to be...